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 Motel investment under $900,000 11 Unit motel plus conference venue/dining room located on a main thoroughfare into Hastings City. 2,915 sq.m of land with an area suitable to add more units. Experienced lessee in place 26 lease years to run, rent reviews 2 yearly.
This investment is priced under quotable value. Attractive established section with fully fenced swimming pool. Vendors reside out of the district and wish to sell they are motivated to meet the market. Now is the time to arrange an inspection. This complex may be purchased as a going concern as the lessee could be encouraged to sell. Don't delay Contact McCrae today.
$895,000 (+ GST if any)
For further information on this property contact one of our sales team quoting REFm644. Email
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Disclaimer: The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.
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